LPG price slashed by Rs 10 per kg

ISLAMABAD: The government on Monday reduced the prices of Liquefied Petroleum Gas (LPG) by Rs 10 per kilogram.

The notification to this effect was issued by the Ministry of Petroleum and Natural Resources.

The reduction of Rs 120 made on domestic cylinder while commercial cylinder Rs 480, the notification added.

“Raids will be conducted and strict action would be taken against the marketing companies for not compliance with the notification of new prices”, OGRA official told APP.

The official said that decrement move in prices has made for facilitating the locals with increasing demand of the gas due to the ongoing winter season.

Secretary LPG distribution association Pakistan, Arsalan Khokhar said that following the direction, the LPG marketing companies have reduced the LPG prices by Rs 10 per kg which are implemented from today.

Chairman of All Pakistan LPG distribution association Irfan khokhar welcomed the step by the Ministry of Petroleum and natural resources and hoped that in future these prices would further be reduced.

Hailing the government decision Irfan said that a consective cut down in the LPG prices during the month of December was a comprehensive strategy of the Federal Government and a continuation process of the 2011 LPG policy.

He said that after this decrease new prices in Karachi, Rahim Yar Khan Lahore, Gujranwala, Faisalabad, Gujrat, and Sialkot would be Rs 80 per kg and domestic cylinder would be available at Rs 910.

Irfan Khokhar further said that in Gilgit Baltistan, FATA, Muzaffar Abad, Bagh, Naran, Kaghan, Murree and Nathya Gali, the new prices of liquefied Petroelum Gas would be Rs 140 per Kg and domestic cylinder would be available at Rs 1680.